L&T Monthly Income Plan - Regular (QD)
Fund Family L&T Mutual Fund
Fund Class MIP Aggressive
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Performance
Investment Info
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Below average performance in the category
The scheme is ranked 4 in MIP Aggressive category by Crisil. If you are already invested in this scheme, you may consider switching to a better performing scheme.
View Top ranked funds in this category
Returns (NAV as on May-25-2012)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | -0.3 | 6 |
| 3 mth | 0.9 | 17 |
| 6 mth | 3.7 | 28 |
| 1 year | 5.5 | 22 |
| 2 year | 5.1 | 18 |
| 3 year | 6.5 | 16 |
| 5 year | 9.1 | 6 |
# Moneycontrol Rank within 48 MIP Aggressive Schemes.
Absolute Returns (in %)
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2012 | 2.4 | - | - | - | - |
| 2011 | -1.6 | -1.0 | -1.4 | -1.3 | -4.9 |
| 2010 | -1.1 | -0.8 | 1.2 | -0.9 | -0.9 |
| 2009 | -2.2 | 3.1 | 1.1 | -0.5 | 2.1 |
| 2008 | 5.6 | -5.4 | -1.3 | -2.5 | -4.2 |
| 2007 | -0.3 | 1.5 | - | 12.8 | 11.7 |
* Returns over 1 year are Annualised
Performance
Fund returns v/s Category average (MIP Aggressive)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | -0.3 | 0.9 | 3.7 | 5.5 | 5.1 | 6.5 | 9.1 |
| Category avg | -0.7 | 0.6 | 3.7 | 4.5 | 3.5 | 3.8 | 3.5 |
| Difference of Fund returns and Category returns | 0.4 | 0.3 | 0.0 | 1.0 | 1.6 | 2.7 | 5.6 |
| Best of category | 0.7 | 2.5 | 7.7 | 10.8 | 8.5 | 11.3 | 11.3 |
| Worst of category | -1.6 | -1.0 | 0.8 | 1.0 | 1.5 | 3.1 | 2.8 |
Investment Info
Investment Objective
The primary investment objective of L&T Monthly Income Plan an open-ended scheme with no assured returns, is to generate monthly Income through investments in a range of Debt, Equity and Money Market Instruments.
Scheme details
| Fund Type | Open-Ended |
|---|---|
| Investment Plan | Dividend |
| Launch date | Jul 30, 2003 |
| Benchmark | CRISIL MIP Blended Fund |
| Asset Size (Rs cr) | 96.62 (Mar-31-2012) |
| Minimum Investment | Rs.10000 |
| Last Dividend | Rs.0.13 (Mar-27-2012) |
| Bonus | N.A. |
| Fund Manager | Pankaj Gupta / Shobheta Manglik View performance of schemes managed by the Fund Manager |
| Notes | DBS Cholamandalam AMC have been acquired by L&T Mutual Fund. All DBS Chola Mutual Fund Schemes has been renamed as L&T Mutual Fund w.e.f Februauy 16, 2010. |
Load Details
| Entry Load | N.A |
|---|---|
| Exit Load | 1.00% |
| Load Comments | Exit load of 1% if redeemed within 1 year from the date of allotment. |
Contact Details
| Regd. Office | World Trade Centre, Centre 1, 27th Floor, Unit 1, Cuffe Parede, Mumbai , 400 005 |
|---|---|
| Tel. No. | 022 - 61366600 |
| Fax No. | 022-61366603/ 04 |
| ltmf@lntmf.com | |
| Website | www.lntmf.com |
Peer Comparison
| MIP Aggressive | Crisil Rank | Assets (Rs.cr) |
|||||
| 3mth (%) | 6mth (%) | 1yr (%) | 3yr (%) | 5yr (%) | |||
| FT India MIP (G) | Rank 4 |
321.52 | 0.4 | 3.8 | 5.9 | 6.8 | 6.9 |
| HSBC MIP - Savings Plan (G) | Rank 3 |
282.85 | 0.0 | 4.8 | 5.1 | 7.5 | 7.9 |
| DSP BlackRock MIP Fund (G) | Rank 2 |
192.86 | 1.2 | 7.7 | 10.8 | 8.6 | 8.0 |
| LIC NOMURA Floater MIP-Plan A (G) | Rank 4 |
97.76 | -0.6 | 1.7 | 3.0 | 6.2 | 7.4 |
| Tata MIP Plus Fund (G) | Rank 3 |
82.65 | 0.4 | 5.4 | 6.8 | 6.8 | 6.7 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (Apr 30, 12)
| Debt | Rating | Value (Rs cr) |
Asset % |
|---|---|---|---|
| ICICI Bank Ltd | CAAA | - | 10.70 |
| Shriram Transport Finance Co Ltd | AA(I) | - | 8.09 |
| LIC Housing Finance Ltd | AAA | - | 5.31 |
| Power Grid Corporation of India Ltd | AAA | - | 4.91 |
| 9.15% - CG - 14 Nov 2024 | Sovereign | - | 4.85 |
| Tata Sons Ltd. | AAA | - | 3.01 |
| HDFC Ltd | AAA | - | 2.61 |
| First Blue Home Finance Ltd | CARAA+ | - | 2.19 |
| ITC Ltd. | - | 1.32 | |
| HDFC Ltd | - | 1.30 |
Sector Allocation (Apr 30, 12)
| Sector | % | 1-Year HighLow |
|
|---|---|---|---|
| Banking/Finance | 4.94 | 5.06 | 2.17 |
| Oil & Gas | 2.00 | 2.21 | 0.69 |
| Tobacco | 1.32 | 1.32 | 0.38 |
| Cons NonDurable | 1.15 | 1.34 | 0.54 |
| Media | 0.98 | 1.81 | 0.69 |
| Technology | 0.93 | 1.14 | 0.74 |
Asset Allocation (%)(Apr 30, 12)
| Equity | 14.98 |
| Others | 0.20 |
| Debt | 42.73 |
| Mutual Funds | N.A |
| Money Market | 35.23 |
| Cash / Call | 6.86 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 33.86 |
| Top 10 | 44.29 |
| Sector | (%) |
|---|---|
| Top 3 | 8.26 |
News & Videos
News
CEO exodus leaves MF sector in quandry
It is no hidden fact that the mutual fund industry is going through a difficult phase and recent res ...
Apr 16, 2012 at 21:49 | Source: CNBC-TV18
-
What Next for Investors of Fidelity Mutual Fund Schemes
L&T Mutual fund has agreed to buy out Fidelity AMC. The question which has been bothering Fidelity i ...
Apr 04, 2012 at 17:46 | Source: Moneycontrol.com
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L&T Mutual Fund announces change in key personnel
L&T Mutual Fund has recruited key personnel for Vice President and Fund managers designation.
Mar 29, 2012 at 13:36 | Source: Moneycontrol.com
Videos
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Oct 25, 2011
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Oct 25, 2011
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Oct 25, 2011
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